Recap: 2018 World Retail Congress in Madrid

“'The heart of the retail sector is not just changing, but sometimes the fundamentals no longer apply", said Ian McGarrigle, Chairman of the World Retail Congress on the level of change in today's retail market at the World Retail Congress which took place from April 17 to 19. He highlighted events such as Amazon acquiring US grocery store, Whole Foods, China maintaining an increase in prominence,while many retailers continue to reduce the number of their stores to emphasise the shifting retail market. FashionUnited shares some key quotes from the congress.